With an aim to make Kempegowda International Airport (KAI) a cargo hub, Bangalore International Airport Limited (BIAL) recently opened what is said to be India’s first on-Airport Public Bonded Warehouse, which is expected to reduce supply chain costs and facilitate trade in and around Bengaluru.
According to BIAL, the facility will help re-export of goods, long-term storage of bonded cargo, assist in partial clearances and allow value-added services such as labelling, packing and re-packing services.
The 10,000 sq.ft. warehouse facility will be operated by Cargo Service Centre (CSC) and fall under the jurisdiction of the City Commissionerate, Bengaluru Customs.
A BIAL spokesperson said that KIA was the third busiest cargo airport in the country and the busiest in south India. “The new facility will play a significant role in boosting the economy of the region by improving trade and connecting markets around the world,” the spokesperson said.
KIA processed 99,154 MT of cargo between April and August 2020, recording a 92% growth in Cargo Air Traffic Movements. KIA has the largest air cargo terminal in south India, with a handling capacity of 570,000 MT and an average travel time of nine hours from major manufacturing clusters across south India.
To bring further efficiencies into cargo operations, BIAL has announced implementation of the Air Cargo Community System to streamline the air logistics supply chain.
You have reached your limit for free articles this month.
To get full access, please subscribe.
Already have an account ? Sign in
Show Less Plan
Subscription Benefits Include
Today's Paper
Find mobile-friendly version of articles from the day's newspaper in one easy-to-read list.
Faster pages
Move smoothly between articles as our pages load instantly.
Unlimited Access
Enjoy reading as many articles as you wish without any limitations.
Dashboard
A one-stop-shop for seeing the latest updates, and managing your preferences.
Personalised recommendations
A select list of articles that match your interests and tastes.
Briefing
We brief you on the latest and most important developments, three times a day.
*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.
A letter from the Editor
Dear subscriber,
Thank you!
Your support for our journalism is invaluable. It’s a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.
The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.
We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.
Suresh Nambath